Announcements

Financial Aid

Loans

Almost all students qualify for loans, regardless of their family income. The U.S. Department of Education provides low-interest loans, which are called federal Direct Loans.

In order to be eligible for a loan, you must enroll in at least six credit hours in a program that's eligible for financial aid.

Taking out a loan is a serious commitment. You’ll be required to sign a legal contract, called the Master Promissory Note, that gives you certain rights and responsibilities as a borrower. By signing this contract, you’re agreeing to pay back the money you borrowed—with interest—after you leave school. If you don’t, your credit can be ruined and the federal government can withhold your income tax refund and take part of your wages until the debt is repaid.